The move came only hours after Britain’s budget watchdog warned Trump’s threatened tariffs on the UK could force Chancellor Rachel Reeves to raise taxes or cut spending
Britain is urgently negotiating with the US to avoid a 25% tariff on car imports, a move that could severely impact the UK's automobile industry and potentially force the UK to raise taxes or cut spending. The UK is hesitant to retaliate with its own tariffs and is being scrutinized for potential concessions to the US, while the US claims the tariffs will boost domestic manufacturing.
